- 200 % from January

[aencarnaci]

Honestly, how can you have MINUS 200 when the most you can get is minus 100 which means it went to zero.
Yours did not went to zero but there was couple coins that actually reached into 90%+ loss which is insane to think about.

It is not ICON only, there are man coins out there like nano that went down 98% at one point which is really dangerous to think about. You get in with small numbers and that is still fine however think about someone who got like 10 thousand dollar worth of nano and now sitting on 200 dollars or something, that is really risky and could make someone get away from crypto trading forever.

Yours is just lost like 3/4 of what it used to be and that is not horrible in this market, unfortunately that is still better than what ethereum did for example, so you are fine, with one bull run you will be above what you need.

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[Quidat]

Hello , in january i did a bad buy and now i am - 200 % i bought ICON at price of 0.00042 BTC after it drop drop , i bought more at 0.00026 i was think this is the bottom but not ... i bought more at 0.00017 this to me was very low price ... now i try to buy more more at this bottom price right now 0.00010 ... i hope Icon will go back to 0.0003  to recover all back . i also made different investment not only icon . so i hope i will be able to return the lost Money , now i am waiting , hope to see the price rise again . i learn many things from this .

You made a good decision for your portfolio so that you will be able to recover all of your lost investments. We just have to wait the bull run to come and i think it's nearly to happen. With just a few updates from the people here or from the news we can then manage to get a hint to when to sell most of our coins so that we could gain back our lost profit.

[Cryptonym0us]

Every one will tell to wait but before that you have to see that whether the ICON coin developer is still working on his project and it is active because if developer left the coin then it is waste to invest more as it can be dead coin any time.

I also invested in TIME, VSL, ICONOMI, all prejects ICO were very super and it also went up but after the market decline this coins price also declined but now they are almost dead price. VSL coin their is no news and TIME is giving news but price movement is very low. ICONOMI is worst the changed their concept after ICO and now they are almost dead to their coin.

So the theory is check the coin is worth to invest more so in future you get profit. Or better invest in bitcoin so that in future you buying price surely come and you wont be in loss only you have to wait for some time to hold it.

Invest in BTC  fo shizzle!! Accumulate as much as you can

[Thirdspace]

Hello , in january i did a bad buy and now i am - 200 % i bought ICON at price of 0.00042 BTC after it drop drop , i bought more at 0.00026 i was think this is the bottom but not ... i bought more at 0.00017 this to me was very low price ... now i try to buy more more at this bottom price right now 0.00010 ... i hope Icon will go back to 0.0003  to recover all back .

if you bought at 0.00042 and it is now 0.00010 that means the coin loses 0.00032 in price
there's no such thing as -200%, so in your case the price decreases by -76% (32/42)
but since you bought some more multiple times at lower prices, your average cost should be lower than 0.00042
and as you said, your recovery price is at 0.00030 which means 200% price increase (from 0.00010)

[bitbunnny]

In the time when you have bought your Bitcoins everyone was thinking the price will go high beyond all limits and they were buying Bitcoin no matter the price.
Of course, that was mistake because such huge price was actually short term peak of Bitcoin that didn't last. But again, at that time no one or very few were thinking that way.
It's good that you haven't sold your coins because you still have the chance to recover the loss, at least partialy.

[otundebis]

It interesting to see that you stay the course on your investment decision on a coin you believe in. Never worry about recovery because it will happen so long  you hold.  But if you sell for any reason,  then the show will be over!

[cuenzy]

Hello , in january i did a bad buy and now i am - 200 % i bought ICON at price of 0.00042 BTC after it drop drop , i bought more at 0.00026 i was think this is the bottom but not ... i bought more at 0.00017 this to me was very low price ... now i try to buy more more at this bottom price right now 0.00010 ... i hope Icon will go back to 0.0003  to recover all back . i also made different investment not only icon . so i hope i will be able to return the lost Money , now i am waiting , hope to see the price rise again . i learn many things from this .

Too bad you bought at the peak of almost all crypto so you maybe not alone in this arena. But you have to manage your risk and stop further losses. But if you're a long term investor and believes in the power of your project maybe you want to accumulate more in times like this when the prices are low.

[Lanatsa]

In the time when you have bought your Bitcoins everyone was thinking the price will go high beyond all limits and they were buying Bitcoin no matter the price.
Of course, that was mistake because such huge price was actually short term peak of Bitcoin that didn't last. But again, at that time no one or very few were thinking that way.
It's good that you haven't sold your coins because you still have the chance to recover the loss, at least partialy.

No one knows if it would head on the same path or situation but for sure it would be on less chances.The good thing that the didn't panic sell even the market becomes worst
as the days goes by here on this market. Accumulating on dips isn't a bad idea but identifying which range is the most difficult part that's why these kind of mistakes is really inevitable.
I don't know where he do get that -200% though.

[Reid]

Well, shit happens.

I dont think you are the only one which is in the same position.
In fact, many of us here have lost a lot of USD. But that is one problem only of those who converts too much.
Stay with the game. You bought a crypto token or a coin, that means you believe in crypto currencies and not the fiat..
Yeah  we all need the fiat for now. But if you are still earning fiat then it is easy while on the other hand you cannot earn crypto now. You buy it for future usage.

[Question123]

The only way to get back your capital is to hold  your coin that you have because if you sell your coin you don't have any chance to get your capital back unless you have patient wait to increase again the price snd sell it to get back your capital and the good with this you can also earn profit depends on the coin the price increase the vakue.

[atrocityx]

Seems like a viable strategy if you fully think ICX is the future, and quite a few do.... cost averaging is the best thing you can do to fix your mistake, but you will have to sell some of your stacks as you move in profit before you would likely want to because you'll need stacks in case it flops again to keep participating buying down.. good luck though, I know how you feel and I think you're doing the best thing you can, even if it hurts.... but this is why they say don't catch falling daggers and wait for bullish confirmation before buying things.

[Karlinz]

Goods trade and buying strategy, though it may not always be profitable but helps average down and cut losses. The problem is that most altcoins will hardly recover, you may not expect price to go back to where you bought it initially very soon, this may take a very long time if at all it eventually happens. Another way is to keep abreast of what developers are talking about the coins you invested that will give you a clue if actually there is a hope of recovery else, you might have traded another dead coin

[DarkBullet]

Holding an altcoin while trading is inevitable but we better use margin trading or set an expectation where to sell for a profit or stop loss and also buy it back when necessary. ICON is not a bad choice to invest with so when the market becomes stable, i am sure that it will reacn an time high specially if bitcoin reaches $19,000 again.

[Crypto Girl]

-200% ?
Well that's a first.

He have his own mathematical way.
What happened to OP is nothing but as usual thing and this happen oftentimes. Like I bought ADA but after a week it dump hard, so instead of buying more and do day trading I just hold it and sadly I lost almost 80% of it. The problem is sometimes we thought it's already the bottom but it is not.
I must admit that somehow I lost trust in altcoins and I'm trying more to stabilize in bitcoin.

[LogitechMouse]

Its not only you are at a loss right now. Many of us are suffering in a loss because of what happened to the market this year.

You said that you bought ICX. Try to watch some videos on Youtube about it. To be honest, I expect Icon to be one of the best cryptocurrencies in the long run. I bought some ICX for the long term with Bitcoin and Ethereum. Just hold it until you can and while holding, why don't you just buy some cheap promising cryptocurrencies at this moment. Many are believing that the market will recover but nobody knows when. Just fucking hodl!!!./

[yitzjoe]

what we can do now is just waiting, not only you have the problem, so many crypto holders are also frustrated at the current market trends.
me and you haven't lost everything because the coins are still hands and conditions can improve in the future, assuming your coins aren't scam

[Pursuer]

use this mistake as a lesson. cut your losses now and make sure that you don't make the same mistake again in the future. the one rule that you should follow is that you should never buy random tokens just because you think they can give you profit but you should buy them if your analysis told you it is. also make sure NEVER to follow what others tell you or you will end up losing money.

by the way you can't lose -200%! maximum you can lose is -100% when you lose everything!

[keanne_isaac]

Hello , in january i did a bad buy and now i am - 200 % i bought ICON at price of 0.00042 BTC after it drop drop , i bought more at 0.00026 i was think this is the bottom but not ... i bought more at 0.00017 this to me was very low price ... now i try to buy more more at this bottom price right now 0.00010 ... i hope Icon will go back to 0.0003  to recover all back . i also made different investment not only icon . so i hope i will be able to return the lost Money , now i am waiting , hope to see the price rise again . i learn many things from this .

You are not the only one experiencing this situation as majority of investors who bought last January 2018 suffered a huge loss my portfolio is also negative -80+% and it really stressful to saw your portfolio bleeding but I'm confident market may recover soon as long as you are holding good coins there is always a chance of recovery. Just be patient.

[crossabdd]

if you are able to be patient to hold on, all your capital will return plus profits, but if you are impatient. everything will disappear and you will lose. I personally bought DGB at 800 satosi, and you can see the current price. but I still believe it will return. so stay calm and do other work.

[GregH37]

Its not only you are at a loss right now. Many of us are suffering in a loss because of what happened to the market this year.

You said that you bought ICX. Try to watch some videos on Youtube about it. To be honest, I expect Icon to be one of the best cryptocurrencies in the long run. I bought some ICX for the long term with Bitcoin and Ethereum. Just hold it until you can and while holding, why don't you just buy some cheap promising cryptocurrencies at this moment. Many are believing that the market will recover but nobody knows when. Just fucking hodl!!!./

You are only going to be at loss, when you sell at loss, as long as you get your priority straight, learn from your mistakes, try to avoid it next time, and treat the market like a professional, then you will not have any problem at all.

At this moment, when you see the value of your holding go down huge, then all you need to do is to compensate yourself if you have some free cash by accumulating at the dip. The market is always going to keep coming with different phase most of the time, which is always going to be the bear phase and the bull phase, one way or the other, there will always be reversal of trends.